The Bitcoin market is currently experiencing a rare period of low volatility, according to CryptoQuant analyst AxelAdlerJr. By examining two key indicators, AxelAdlerJr noted a significant decline in price fluctuations, hinting at a potential breakout.

Historical data reveals that Bitcoin's Garman-Klass realized volatility has dropped to 20%, a level only seen four times in the past six years. This indicator measures price volatility by analyzing highest, lowest, opening, and closing prices. Similarly, the 30-day simple moving average (SMA) of Bitcoin's Volatility Index also indicates low volatility. The narrowing gap between Bollinger Bands and declining average true range (ATR) further confirm this trend.

AxelAdlerJr believes that this period of low volatility could be a precursor to a significant price movement, given the market's bullish structure. The analyst suggests that the market may be forming a new bullish trend, and the current calm could be a sign of a pending breakout.

In conclusion, the Bitcoin market's unusual tranquility, as observed by AxelAdlerJr, may be a sign of a potential big move on the horizon. As the market prepares for its next move, investors and traders are advised to stay vigilant and adapt their strategies accordingly.